Crusoe, a vertically integrated AI infrastructure provider, has secured a $750 million credit facility from Brookfield Asset Management to accelerate the development of energy-first AI factories, including purpose-built data centers and its AI cloud platform.
Crusoe secures $750M credit facility from Brookfield Asset Management.
Funds to scale AI factories and Crusoe’s AI cloud platform.
Follows $600M Series D and $15B joint venture for Abilene, Texas, data center.
Supports 1.2-gigawatt AI data center hosting 400,000 NVIDIA GPUs.
Eastdil Secured advised Crusoe on the transaction.
Targets $500B AI infrastructure market with sustainable solutions.
Crusoe’s $750 million credit facility, announced on June 11, 2025, will fuel the expansion of its AI factories, leveraging clean energy for sustainable data centers. “The demand for AI infrastructure is growing exponentially,” said Chase Lochmiller, CEO and co-founder of Crusoe. The funding builds on Crusoe’s $600M Series D in December 2024 and a $15B joint venture with Blue Owl and Primary Digital Infrastructure for a 1.2-gigawatt AI data center in Abilene, Texas.
Brookfield’s infrastructure debt platform supports Crusoe’s mission to deliver scalable AI infrastructure. “We are excited to partner with Crusoe, a company at the forefront of powering the critical infrastructure needed for AI,” said Eric Wittleder, Deputy CIO of Brookfield’s Infrastructure Debt business. The deal, facilitated by Eastdil Secured, validates Crusoe’s role in projects like the Abilene campus, leased to Oracle.
Crusoe’s AI-optimized data centers, featuring direct liquid-to-chip cooling, achieve up to 99.98% uptime and support clients like MIT and Together AI. The Abilene facility, part of the $500B Stargate project, will deploy 400,000 NVIDIA GPUs by mid-2026, using low-cost wind energy. “Crusoe’s ability to provide backbone infrastructure solutions at scale aligns perfectly with our investment philosophy,” Wittleder added.
The Brookfield facility follows a $225M credit line from Upper90 in March 2025 for NVIDIA GPU purchases. Crusoe’s focus on clean energy aligns computing with climate goals, serving a $500B AI infrastructure market growing at 30% CAGR. Posts on X highlight enthusiasm for Crusoe’s $400M AMD MI355X chip purchase for a U.S. data center, boosting AMD’s rivalry with NVIDIA.
With 800 employees and partnerships with Digital Realty and Equinix, Crusoe operates across four cloud regions. Its European expansion includes a Norwegian data center with Polar. The Brookfield funding positions Crusoe to meet surging AI compute demand, reinforcing its leadership in sustainable, high-performance infrastructure.
Crusoe is on a mission to align the future of computing with the future of the climate. Crusoe provides a reliable, scalable, cost-effective, and environmentally friendly solution for AI infrastructure by harnessing large-scale clean energy, building AI-optimized data centers, and empowering builders to reach their AI potential. Crusoe is empowering the AI revolution.
Brookfield Asset Management Ltd. is a leading global alternative asset manager, headquartered in New York, with over $1 trillion of assets under management across renewable power and transition, infrastructure, private equity, real estate, and credit. We invest client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. We offer a range of alternative investment products to investors around the world — including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. We draw on Brookfield’s heritage as an owner and operator to invest for value and generate strong returns for our clients, across economic cycles.
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